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Posts From Steve White

Eurozone inflation holds steady at low rate of 0.2%

In December, the European Central Bank predicted euro-area inflation would accelerate to 1.6 percent in 2017 from 0.1 percent past year. That compares with a median estimate for a 0.3

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U.S. manufacturing shrinks for 2nd month amid global slowdown

The employment gauge, meanwhile, dropped 3.2 points to 48.1% in December.

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NORAD’s Santa Tracker started with a typo 60 years ago

Created by a 1958 agreement between Canada and the United States, the North American Aerospace Defense Command [NORAD] is responsible for the aerospace and maritime defense of both countries.

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GM CEO Mary Barra Named Chairman of the Board of Directors

CEO Mary Barra just got a great vote of confidence from her peers on the automaker’s Board: a promotion to the added role of Chairman of the Board.

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Bahrain severs diplomatic ties with Iran after Saudi embassy attack

The Saudi decision to halt diplomatic relations came after its the mass execution Saturday of Shiite cleric Sheikh Nimr al-Nimr and 46 others – the largest carried out by Saudi

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For Markets, A Bad Start To The Year

U.S. stocks tumbled more than two percent early Monday, joining a global sell-off sparked by a seven percent plunge in the Shanghai stock market.

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Next reports disappointing Christmas after mild autumn

High street chain Next blamed unseasonably warm weather for a “disappointing” performance in the run-up to Christmas as it posted a fall in store sales and sharp slowdown in its

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GM, Lyft Driving Toward Driverless Car Future

The partnership will pair GM’s decades-long R&D devoted to autonomous vehicle technology with Lyft’s software for ride matching, navigation and payment.

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Real Madrid: Zinedine Zidane replaces Rafael Benitez as coach

However, it quickly became clear that his reputation as a detail-obsessed and excessively defensive tactician, whether deserved or not, did not sit well with the Real fans.

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Msia condemns mob attacks on Saudi missions in Iran

The Obama administration tread warily Monday around inflamed tensions between Iran and Saudi Arabia that threaten several key USA foreign policy objectives.

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Gold jumps as stocks, dollar drop, Mid East tensions flare

Holdings in gold exchange-traded products declined 2.56 metric tonnes to 1,463.9 tonnes on Friday, near the lowest in more than six years, according to data compiled by Bloomberg.

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GM invests $500 million in Uber rival Lyft

The “long-term strategic alliance” will include the development of autonomous vehicles.

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